October 19, 2009
How do you collect money you are awarded in personal injury case if the person owing is broke or in jail?
Vessy asked:
I was awarded a pretty large amount of money in the personal injury case. However, the persons that now need to pay that money to me are either in jail, or broke (possible bancrupcy declaration). I am wondering if there are good settlement lawyers, or financial companies that are willing to buy the judgement from me, and really how the whole process works. Please let me know in case you know anything, or you have had a similar situation happen to you.
I was awarded a pretty large amount of money in the personal injury case. However, the persons that now need to pay that money to me are either in jail, or broke (possible bancrupcy declaration). I am wondering if there are good settlement lawyers, or financial companies that are willing to buy the judgement from me, and really how the whole process works. Please let me know in case you know anything, or you have had a similar situation happen to you.
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Comments on How do you collect money you are awarded in personal injury case if the person owing is broke or in jail?
9:41 am
Johns Creek Personal Injury Attorney
It is difficult to get money from someone who does not have any. If the person has assets then you can check into that.
5:18 pm
Johns Creek Personal Injury Attorney
You have to go back to the court and execute your judgement. You are telling the court that the judgement alone has not worked to remedy the problem. The court will allow you to order the person’s goods to be sold by the sheriff. Their personal house is protected up to $100,000 but everything else is yours to sell. They get to keep 1 bed, 1 tv, 1 sofa.